Plan Snapshot
- Plan Sponsor: American Greetings Corporation
- Sponsor EIN: 340065325
- Sponsor Address: ONE AMERICAN BOULEVARD, CLEVELAND, OH, 44145
- Plan Type: 401(k)
- Total Participants: 2,731
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,731 | $1.1B | $10.5M | $16.6M |
| 2023 | 2,534 | $1.0B | $9.7M | $15.8M |
| 2022 | 2,583 | $932.6M | $10.3M | $16.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $306,500 | — | $306,500 |
| VANGUARD ADVISERS INC. | NONE | $64,000 | — | $64,000 |
| CREATIVE PLANNING | NONE | $52,500 | — | $52,500 |
| MORGAN LEWIS & BOCKIUS LLP | NONE | $30,694 | — | $30,694 |
| MESIROW FINANCIAL | NONE | $17,500 | — | $17,500 |
| BDO USA P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- VANGUARD ADVISERS INC. — NONE
- CREATIVE PLANNING — NONE
- MORGAN LEWIS & BOCKIUS LLP — NONE
- MESIROW FINANCIAL — NONE
- BDO USA P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $471,194
- Estimated Expense Ratio: 0.044% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $459,953 | — | — | — | — |
| 2023 | $441,870 | — | — | — | — |
| 2022 | $438,650 | — | — | — | — |